Pages

Wednesday, November 9, 2011

'China property developer sentenced to death'

from the sun daily........


"A property developer in the eastern Chinese province of Zhejiang was sentenced to death for swindling more than US$867 million from investors in an illegal fund-raising scheme, a newspaper reported on Wednesday.

Ji Wenhua was sentenced to death on Monday by Lishui intermediate court in Zhejiang for illegally raising 5.5 billion yuan (RM2.7 billion) between 2003 and 2008, the South China Morning Postreported. He was also separately accused of fraud worth some 1.47 billion yuan"..........READ MORE

No comments:

Post a Comment